Renewable sources of energy, such as wind, solar and hydro, now account for 18 per cent of the energy Canadians consume. Despite this positive growth, there’s no question oil and gas remain critical to life in Canada. Around 65 per cent of all the energy Canadians use comes from oil and gas. And 97 per cent of those fuels are shipped by pipelines.
That’s why the Canadian Energy Pipeline Association (CEPA) wants to equip Canadians with the information they need to make informed energy decisions. Building knowledge about energy is the aim of our advertising campaign called Shared Future.
In this week’s blog post, we draw from the campaign to look at the role pipelines will play in Canada’s energy future.
An increasing world population and the growing global economy is causing the demand for energy to rise. The National Energy Board forecasts Canada’s energy demands will continue to increase, with oil and natural gas still accounting for the majority of our energy by 2040. We are an energy-intensive society with an appetite that continues to grow. And until renewables become more reliable energy sources, we’ll still need oil and gas long into the future.
Oil and natural gas are woven into almost every aspect of our lives…from the time we wake up in the morning and cook breakfast, to the toothbrush we use before going to bed. Homes need to be heated. Vast distances need to be crossed by car, plane or train. Food needs to be harvested and shipped. And that’s just the beginning of what oil and natural gas contribute to our daily lives.
The International Energy Agency’s World Energy Outlook 2018 forecasts global energy demand will grow 25 per cent by 2040. Along with powering planes, trains, automobiles, trucks, tractors, ships, stoves, barbecues, and a multitude of electrical appliances, there are more than 6,000 things made from petroleum products. Things like asphalt for roads and roofs, carbon for bike tires, even shampoo, computers, vitamins and toothbrushes.
The energy resources industry also powers the social programs Canadians value, like public education and health care. The industry contributes a significant amount of money to federal and provincial governments – over $200 billion since 2008.
As our energy mix evolves, CEPA members, through their operation of one of the world’s best pipeline systems, will continue to deliver the energy Canadians count on for life in Canada.
Want to know more about Canada’s energy future? Check out these blog posts: